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The Well Told Company (The Well Told Company) Inventory Turnover : 0.13 (As of Sep. 2022)


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What is The Well Told Company Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. The Well Told Company's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.12 Mil. The Well Told Company's Average Total Inventories for the quarter that ended in Sep. 2022 was $0.97 Mil. The Well Told Company's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Well Told Company's Days Inventory for the three months ended in Sep. 2022 was 727.76.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. The Well Told Company's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 5.35.

The Well Told Company Inventory Turnover Historical Data

The historical data trend for The Well Told Company's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Well Told Company Inventory Turnover Chart

The Well Told Company Annual Data
Trend Dec21
Inventory Turnover
0.80

The Well Told Company Quarterly Data
Sep20 Sep21 Dec21 Mar22 Jun22 Sep22
Inventory Turnover Get a 7-Day Free Trial - - 0.22 0.17 0.13

The Well Told Company Inventory Turnover Calculation

The Well Told Company's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: Dec. 2021 )) / count )
=0.523 / (( + 0.656) / 1 )
=0.523 / 0.656
=0.80

The Well Told Company's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover (Q: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2022 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count )
=0.122 / ((1.001 + 0.945) / 2 )
=0.122 / 0.973
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Well Told Company  (OTCPK:WLCOF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

The Well Told Company's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=0.973/0.122*365 / 4
=727.76

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

The Well Told Company's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0.973 / 0.182
=5.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

The Well Told Company Inventory Turnover Related Terms

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The Well Told Company (The Well Told Company) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Well Told Company Inc (OTCPK:WLCOF) » Definitions » Inventory Turnover
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Traded in Other Exchanges
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Address
99 Yorkville Avenue, Suite 200, Toronto, ON, CAN, M5R 3K5
Website
http://www.welltold.com
The Well Told Company Inc is a plant-based wellness company that formulates, develops, distributes, and sells a variety of supplements, remedies, and other functional wellness products.